News - Equities
Categories: Equities | Investment
An overweight position on the Thai market led Hugh Young’s Aberdeen New Dawn investment trust to und...
An overweight position on the Thai market led Hugh Young’s Aberdeen New Dawn investment trust to underperform its benchmark in the year to 30 April.
The trust generated a NAV total return of 10.2% against an MSCI Asia Pacific (ex Japan) index return of 13.2%.
Trust chairman Alan Henderson said an overweight to Thailand cost the fund the most over the 12 months as did an underweight stance on Australia and China.
Share price total return was only 0.8% for the year due to the shares trading at a discount to net asset value of 6.3% against a premium of 2.5% last year.
Categories: Equities | Investment
Comments
The big question
Updating your subscription status 
IW Fund Centre
Run in conjunction with Funds Library, the IW Fund Centre combines qualitative and quantitative data on a huge range of funds.
Have your say
This week: What will happen to the eurozone if Greece leaves?
Job of the week
Events
12 Jun 2012 - 12 Jun 2012
The Cumberland Great Cumberland Place, London W1H 7DL
05 Jul 2012 - 05 Jul 2012
Royal Albert Hall, London Kensington Gore London, Greater London SW7 2AP
